Automatic protection - Resource Super - Superannuation and Employee Benefits for the Australian Resources Industry
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Automatic protection

Your life and your ability to work is important. Our insurance cover is automatically included for eligible members as part of the Resource Super plan, whether the benefits are tailored through your Employer or as offered to Members of our General Division. 


Types of cover

 Death cover

A death benefit provides an important financial safety-net for your family. A lump sum is paid to your beneficiaries in the event of your death. 


 Total and Permanent Disablement (TPD) cover

Safeguard your financial future in the event of disability. A lump sum is paid to you upon assessment of your situation. 


 Income Protection 

Income protection provides important protection if you are temporarily unable to work because of illness or accident. A monthly benefit is paid equal to a percentage of your normal earnings. 


Your cost of cover

We take into account various factors to determine the cost of your cover.

  • Age
  • Level of cover
  • Occupational rating 
  • Benefit design

If you are a member of an employer plan with Resource Super, your employer determines the design of the default insurance cover. Automatic acceptance limits (AAL) are applied to the amount of cover provided without medical underwriting. 


Why have insurance through your super?

  • Insurance premiums are deducted from your Resource Super account so you do not have to pay out of your pocket. It may also offer a tax advantage;
  • A super fund is often able to offer a lower cost premium than you would pay if you were to purchase an individual (retail) policy. This is due to the insurance being offered on a group basis; and
  • You may be eligible for insurance without providing medical evidence.